FOR SALE
$380,000

1/8 Rose Lane
South Launceston TAS 7249

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 98m2
Land area: 392m2
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Spacious Unit in Convenient Location

Welcome to 1/8 Rose Lane, where comfort and convenience blend seamlessly in this well-maintained unit, perfect for those seeking a cozy home in a desirable location.
This charming home boasts two generously sized bedrooms, each featuring built-in wardrobes and abundant natural light. The open-plan kitchen and dining area offer great storage space, making meal preparation and entertaining a breeze. The well-appointed bathroom features modern updates for comfort.
Residents benefit from easy access to a range of local amenities, including shops, cafes, and restaurants. The property is also close to parks and recreational facilities, perfect for leisurely walks or picnics. Commuting is effortless with nearby public transportation options.
A single garage with interal access makes parking a breeze with an additional car space provided at the front of the property.
Currently tenanted with a lease in place until April 2025, this low-maintenance property is ideal for first-time homeowners, those looking to downsize, or investors seeking a valuable addition to their portfolio.
Don't miss out on this opportunity.
*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
Boundary lines are indicative only.

Property Details for 1/8 Rose Lane, South Launceston

1/8 Rose Lane, South Launceston is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 392m2 and floor size of 98m2. The place is currently for sale with Peter Lees Real Estate.

Building Type
Unit
Floor Size
98m2
Land Size
392m2

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About South Launceston 7249

The size of South Launceston is approximately 2.8 square kilometres. It has 8 parks covering nearly 5.4% of total area. The population of South Launceston in 2011 was 4,447 people. By 2016 the population was 4,589 showing a population growth of 3.2% in the area during that time. The predominant age group in South Launceston is 20-29 years. Households in South Launceston are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Launceston work in a professional occupation. In 2011, 54.1% of the homes in South Launceston were owner-occupied compared with 52.6% in 2016.

South Launceston has 2,431 properties. Over the last 5 years, Houses in South Launceston have seen a 65.01% increase in median value, while Units have seen a 52.13% increase. As at 31 August 2024:

  • The median value for Houses in South Launceston is $539,916 while the median value for Units is $365,238.
  • Houses have a median rent of $480 while Units have a median rent of $395.
There are currently 19 properties listed for sale, and 5 properties listed for rent in South launceston on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in South launceston.

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